Mcconnell Foundation

Organization Overview

Mcconnell Foundation is located in Redding, CA. The organization was established in 1965. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mcconnell Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2020, Mcconnell Foundation generated $21.9m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $22.9m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Mcconnell Foundation has awarded 697 individual grants totaling $56,779,041. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2020

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SUPPLEMENTAL INFORMATION.


SEE SUPPLEMENTAL INFORMATION.


SEE SUPPLEMENTAL INFORMATION.


SEE SUPPLEMENTAL INFORMATION.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Treasurer
$27,500
Rebecca Andrews
Controller
$179,050
Darin Sanders
It Administrator
$167,430
Kelly Salter
Sr. Program Officer
$165,154
David Tanner
Program Officer
$150,430
Rachel Hatch
Sr. Program Officer
$142,428

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Modern Building Inc
$2,463,689
Pacific Strucframe Llc
$311,394
Lsv Asset Management
$716,690
Carr Kennedy Peterson & Frost
$316,502
Cox Real Estate Consultants
$179,487
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,376,079
Interest on Savings $1,333
Dividends & Interest $3,100,174
Profit on Inventory Sales $0
Other Income $2,728,486
Total Revenue $21,867,294

Grants Awarded

Over the last fiscal year, Mcconnell Foundation has awarded $16,300,697 in support to 127 organizations.

Grant RecipientAmount

BLOCK 7 RETAIL INVESTORS LLC

PURPOSE: PARKING GARAGE FOR BLOCK 7 NET ZERO HOUSING AND DOWNTOWN ACTIVATION PROJECT

$3,762,438

REDDING CITY OF

PURPOSE: CITY OF REDDING BLOCK 7 HCD/AHSC FUNDING ($3,603,661); 2018-2022 4TH OF JULY FIREWORKS ($85,0000); REDDING POLICE EXPLORERS PROGRAM IN HONOR OF BOB BLANKENSHIP ($25,000)

$3,713,661

TURTLE BAY EXPLORATION PARK

Org PageRecipient Profile

Redding, CA

PURPOSE: OPERATING SUPPORT FOR CALENDAR YEAR 2020 ($1,500,000); SUSTAINABILITY GARDENS - 2020 SITE MAINTENANCE ($70,000); GENERAL SUPPORT ($13,181)

$1,583,181

SHASTA LAND TRUST

PURPOSE: GENERAL SUPPORT; DRONE PROGRAM ($1,062); ROSS RANCH CONSERVATION EASEMENT ($1,362,500)

$1,363,562

SHASTA REGIONAL COMMUNITY FOUNDATION

Org PageRecipient Profile

Redding, CA

PURPOSE: OPERATING SUPPORT

$1,067,048

SHASTA COLLEGE FOUNDATION

Org PageRecipient Profile

Redding, CA

PURPOSE: NORTH STATE TOGETHER 2020-2027 ($778,800); TRIO PROGRAMS; VETERANS CAREER PATHWAY PROGRAM ($4,500)

$783,300
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Mcconnell Foundation has recieved totaling $55,000.

Awarding OrganizationAmount
Garfield Foundation

Marion, MA

PURPOSE: EXEMPT PURPOSES

$55,000
View Grant Recipient Profile

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